Rs 2,654-cr bank fraud: Gujarat High Court grants three-months bail to DPIL promoters
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Rs 2,654-cr bank fraud: Gujarat High Court grants three-months bail to DPIL promoters

By Dna calender  19-Jun-2019

Rs 2,654-cr bank fraud: Gujarat High Court grants three-months bail to DPIL promoters

The Gujarat High Court granted interim bail for three months to Diamond Power Infrastructure Limited (DPIL) promoters Amit and Sumit Bhatnagar on Tuesday.
The brothers are behind bars for the past one-and-a-half years in connection with the Rs 2,654-crore bank fraud case. But the relief did not come easy for the tainted duo as the court levied strict conditions for providing bail.
The court made them file a declaration that they are surrendering their 66 properties to the court, that they will not try to sell any of these properties, and that they do not have any other property apart from these properties.

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